Third Lien Collateral Agent definition

Third Lien Collateral Agent means any Person acting in such capacity as collateral agent under any Third Lien Credit Agreement and its successors and assigns in such capacity.

Third Lien Collateral Agent shall have the meaning assigned to such term in the preamble to this Agreement.

Third Lien Collateral Agent has the meaning specified in the Intercreditor Agreement.

Examples of Third Lien Collateral Agent in a sentence

• The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Senior Representatives, the Senior Collateral Agents, the other Senior Claimholders, the Third Lien Representative, the Third Lien Collateral Agent and the other Third Lien Claimholders.

• This Agreement shall be binding upon the Senior Representatives, the Senior Collateral Agents, the other Senior Claimholders, the Third Lien Representative, the Third Lien Collateral Agent, the other Third Lien Claimholders, the Company and the other Grantors, and their respective successors and assigns from time to time.

• The Designated Senior Collateral Agent is hereby authorized to make any such endorsements as agent for the Third Lien Collateral Agent or any other Third Lien Claimholder, as applicable.

• Each of the Third Lien Representative and the Third Lien Collateral Agent, for itself and on behalf of each other Third Lien Claimholder represented by it, hereby irrevocably waives any defense based on the adequacy of a remedy at law and any other defense which might be asserted to bar the remedy of specific performance in any action which may be brought by any Senior Representative, any Senior Collateral Agent, or any other Senior Claimholder.

• Following the Discharge of Senior Obligations, the Third Lien Collateral Agent and the other Third Lien Claimholders may, subject to any other agreements binding on the Third Lien Collateral Agent or such other Third Lien Claimholders, assert their rights under the UCC or otherwise to any proceeds remaining following a sale, Disposition or other liquidation of Collateral by, or on behalf of the Third Lien Claimholders.

More Definitions of Third Lien Collateral Agent

Third Lien Collateral Agent means U.S. Bank, National Association in its capacity as collateral agent under the Third Lien Security Documents, together with its successors in such capacity.

Third Lien Collateral Agent means the collateral agent under the Third-Lien Security Agreement.

Third Lien Collateral Agent means HSBC Bank USA, National Association, in its capacity as collateral agent for the secured creditors under the Third-Lien Credit Documents.

Third Lien Collateral Agent means the Original Third Lien Collateral Agent, and, from and after the date of execution and delivery of the Third Lien Substitute Facility, the agent, collateral agent, trustee or other representative of the lenders or other holders of the indebtedness and other obligations evidenced thereunder or governed thereby, together with its successors in such capacity.

Third Lien Collateral Agent has the meaning set forth in the introductory paragraph to this Agreement.

Third Lien Collateral Agent means (i) the Original Third Lien Collateral Agent and (ii) in the cases of any Third Lien Substitute Facility, the agent, collateral agent, trustee or other representative of the lenders or other holders of the indebtedness and other obligations evidence thereunder or governed thereby, in each case, together with its successors in such capacity. In the event that the Third Lien Indenture Notes are Replaced in part, solely for purposes of directing the exercise of remedies with respect to the Collateral under this Agreement, the Third Lien Collateral Agent shall constitute the collateral agent under the Indebtedness representing the largest outstanding principal amount of any then outstanding Third Lien Debt.

Third Lien Collateral Agent means the Trustee, in its capacity as the collateral agent under the Security Documents, and any successor thereto in such capacity.